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SoFi Re-enters Crypto with Blockchain Money Transfers & Custody SoFi Technologies announced it will relaunch crypto services—enabling users to buy, sell, hold, stake, and custody assets like Bitcoin and Ethereum—after a two-year hiatus tied to its national bank charter application. It’s also integrating blockchain-powered cross-border money transfers, converting USD into local currencies on-chain before depositing to recipients’ bank accounts. The fintech expects to roll out these features later in 2025, with a waitlist already open. This move comes amid more favorable regulatory guidance for federal banks engaging in crypto activities, and SoFi’s stock jumped 1.9% on the news. #StrategyBTCPurchase #BTC110KToday?
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BlackRock Eyes Expansion of Crypto ETFs Beyond $BTC & $ETH BlackRock—the world’s largest asset manager with $11.7 trillion AUM—is evaluating adding new cryptocurrency ETFs to its lineup after its iShares Bitcoin Trust became the fastest-growing ETF ever (now $70 billion AUM) and its ETH fund hit $4 billion. Potential candidates include Cardano, Polkadot, and Solana, following similar SEC filings by other issuers. BlackRock is also exploring tokenisation strategies, recently launching a $3 billion tokenised money-market fund, aiming to bridge traditional and decentralized finance. #StrategyBTCPurchase #BTC
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$100 Million in Lobbying as U.S. Crypto Regulation Hangs in the Balance Over $100 million has been spent lobbying on three key bills shaping U.S. crypto policy: a Senate-passed stablecoin framework (GENIUS), a proposed market-structure bill, and the SEC’s threat to act unilaterally if Congress stalls. Industry voices are split on whether to push both bills together or focus on the stablecoin bill first. Meanwhile, California fined Bitcoin ATM operator Coinme $300,000 for compliance lapses, and federal housing regulators have urged Fannie Mae and Freddie Mac to consider digital assets in mortgage underwriting—potentially transforming wealth assessments for homebuyers. #StrategyBTCPurchase #USCorePCEMay #NEWTBinanceHODLer #US
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Airdrop Alpha: $ORCHID “Orchid Finance staking starts July 1. Stake 10,000 OXT for a chance at up to 500 USDT in bonus rewards. Minimum lock 30 days.” #Airdrop #Orchid #BinanceSquare
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Price Prediction: $SOL “$SOL rejected $200 today—classic double‑top. If it breaks $185 support, expect a drop to $160. Bulls need a reclaim of $195 to stay healthy.” #SOL #priceprediction #TechnicalAnalysis
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